How to Get a Loan for Paint and Wallpaper Stores

Looking for business loans for paint and wallpaper stores? An SBA loan may be just what you've been looking for. This $55,000 paint and wallpaper stores loan was issued by a Kentucky bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with First Fed. Savings Bank - Elizab, out of Elizabethtown, Kentucky. The loan was granted and they received $55,000 to help grow their Louisville, Kentucky business.

SBA Loan Borrower

COMPANY TYPE: PAINT AND WALLPAPER STORES
LOUISVILLE, KY 40228

SBA Loan Lender

FIRST FED. SAVINGS BANK - ELIZAB
2323 RING RD
ELIZABETHTOWN, KY 42701

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

444120 - Paint and Wallpaper Stores

Loan Approval Date

6/26/2007

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $27,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from First Fed. Savings Bank - Elizab so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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